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    115 South Main St Yazoo City, MS 39194

    For Sale
    $500,000

    25,000 SF historic hotel in Yazoo City's Town Center.

    Property size:
    25,000 SF

    Property Features for 115 South Main St

    General Information

    Size
    25,000 SF

    Building Details

    Year built
    1925

    Source: Micah McCullough, CCIM, SIOR Agent Micah McCullough, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Hotel Redevelopment Opportunity

    Located in the heart of the Yazoo City Town Center District, the historic former hotel at 115-125 S. Main Street presents a prime redevelopment opportunity. The 25,000 SF building offers exceptional potential for conversion into a boutique hotel, office space, or multifamily residences. The first floor spans 10,000 SF, ideal for retail, restaurant, or lobby space, while the upper floors, each 5,000 SF, provide ample room for residential or office use. The property is eligible for a 25% State Historic Rehabilitation Tax Credit, a 20% Federal Historic Rehabilitation Tax Credit, and a 9% Low Income Housing Tax Credit. Additional MDAH Grants could be applied for. Situated in the Yazoo City Town Center District, the property offers a prime downtown location with excellent visibility and accessibility. Surrounded by local businesses, government offices, and cultural landmarks, the property is within walking distance of shopping, dining, and community attractions, making it an ideal site for redevelopment. With its central location in downtown Yazoo City, the property benefits from high visibility, walkability, and proximity to local businesses, government offices, and cultural attractions. Whether restoring its legacy as a hotel or reimagining it for modern commercial or residential use, this historic gem is a rare investment opportunity in a growing market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yazoo City
    County
    Yazoo
    State
    Mississippi
    Longitude
    -90.413705
    Latitude
    32.847834

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    FAQs

    What type of property is this?
    Hotel - 25,000 SF historic hotel in Yazoo City's Town Center.
    Where is this hotel located?
    The property is located at 115 South Main St Yazoo City, MS.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in the heart of Yazoo City Town Center District.; - Eligible for 25% State and 20% Federal Historic Rehabilitation Tax Credits.; - Substantial 25,000 SF building suitable for boutique hotel, office space, or multifamily residences.
    (601) 720-7891
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    115 South Main St Yazoo City, MS 39194
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    Yazoo City, MS 39194
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 South Main St Yazoo City, MS 39194
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